Company Overview
Sidus Space, Inc. engages in the comprehensive design, manufacture, launch, and data collection of commercial satellites on a worldwide basis, offering specific space services that include satellite design and manufacturing for platforms such as LizzieSat, LizzieSat-XL, and Lunar Lizzie. Beyond hardware production, the company provides technology hosting and mission management AI solutions to support its core aerospace operations. The firm operates within the Industrials sector, specifically targeting the Aerospace & Defense industry, which positions it to capitalize on government and commercial demand for satellite infrastructure and data analytics. The company's current scale is reflected in a market capitalization of $188.92M and an annual revenue of $3.62M, supported by a workforce of 104 employees. These valuation and revenue figures indicate that Sidus Space is a small-cap entity with a highly specialized focus, suggesting that its market position relies heavily on niche technological capabilities rather than broad-scale commercial dominance.
Financial Health
The company reports a trailing twelve-month revenue of $3.62M, yet it simultaneously reports a net income of $-23,748,180 and an EBITDA of $-18,180,052, revealing a significant structural gap where costs substantially exceed gross revenue generation. This disparity highlights a cost structure where operating expenses, likely driven by R&D for satellite design and AI mission management, are aggressively high relative to the current revenue base. The company's free cash flow stands at $-18,403,064, indicating a negative cash position that limits immediate financial flexibility and suggests a reliance on external capital sources to fund operations and development. Margin analysis shows a gross margin of -129.8%, an operating margin of -433.8%, and a profit margin of 0.0%, all of which indicate that the company is currently operating at a loss across every level of profitability measurement. Regarding liquidity and leverage, the company holds $12.73M in cash against $9.90M in debt, resulting in a debt-to-equity ratio of 41.27 and a current ratio of 1.38, which suggests the balance sheet is leveraged but maintains a current asset coverage slightly above one. Furthermore, the Return on Equity is -142.8% and the Return on Assets is -43.9%, metrics that reveal management is currently generating negative returns on both shareholder capital and total asset base.
Valuation Assessment
Valuation metrics for Sidus Space present a complex picture due to its lack of profitability, with a trailing P/E ratio of N/A and a forward P/E of -11.83, implying that the market is pricing in a trajectory where earnings are expected to remain negative or turn positive at a rate that results in a negative forward multiple. The price-to-book ratio is 4.18, indicating that the market values the company at a significant premium over its tangible book value, a common occurrence in high-growth technology sectors where intangible assets like AI software are not fully captured on the balance sheet. Alternative valuation metrics such as the price-to-sales ratio of 52.14 and an EV/EBITDA of -5.35 further illustrate that investors are valuing the firm based on revenue potential rather than current earnings power. The stock trades within a 52-week range defined by a high of $5.39 and a low of $0.63, placing the current trading price in a highly volatile zone relative to this historical spread. The beta of -1.59 indicates an inverse correlation to the broader market, meaning the stock price tends to move in the opposite direction of the market index with amplified volatility.
Growth & Income
Revenue growth year-over-year stands at -30.5%, while earnings growth is N/A due to the absence of positive earnings, illustrating that the company is currently contracting in terms of top-line sales rather than expanding. Since the company does not pay a dividend, with a dividend yield of N/A and a payout ratio of 0.0%, it does not distribute cash to shareholders, implying that all available cash flow is retained to fund operations or potential future growth initiatives. The absence of a dividend payout combined with negative earnings growth suggests that the company is in a stage of development where capital preservation is prioritized over income distribution to investors. Overall, the growth and income profile of Sidus Space is characterized by significant negative revenue momentum and a complete lack of dividend income, reflecting the high-risk nature of a pre-profitability aerospace venture.